Why Is Platinum Worth Less Than Gold? - Page 2

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Author	Replies: 25 / Views: 5,508	Page: of 2

smauggie Valued Member United States 271 Posts	Posted 07/20/2017 2:34 pm I think it has to do with the sanctions on Russia. They have to sell their main exports (oil, platinum, gold) to make up for the cost of sanctions and it has driven the price on all such commodities down. Report this Post to the Staff
terry8835 Pillar of the Community United States 1450 Posts	Posted 08/13/2017 2:32 pm To me investing in silver or gold is a long term thing with very quick ultra bull markets about every ten-twenty years and then you must sell and sell fast. I am thinking of 1980 and 2011. Report this Post to the Staff
fistfulladirt Pillar of the Community United States 4333 Posts	Posted 08/13/2017 6:32 pm It's a rigged market, duh. When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72 Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21788 Posts	Posted 08/13/2017 6:34 pm Unobtanium is another of those recently discovered rare metals, and it's extremely high price makes it quite difficult for most of us to include even a tiny amount in a small collection of sample bullion coins. Report this Post to the Staff
oriole Pillar of the Community Canada 5246 Posts	Posted 08/13/2017 6:50 pm @sel_691, I am counting on a supply of unobtainium being discovered on a distant planet. So I would never get any since the price will soon drop. Report this Post to the Staff
TNG Bedrock of the Community United States 10284 Posts	Posted 08/16/2017 11:17 am Platinum is closing in on 1000.00 ( as it should be ) At around 970.00 as I type. I hope it does as that is kind of a hump. If it makes it over, it seems to be more difficult for it to go back under. Just an observation. And Palladium which I have no concept or holdings of, is moving along at a good pace. Proportionately high when compared to the usual ratio to gold and platinum. For funzies ...Let's just see if I can predict something right, just once, Predict: Platinum will cross over 1000.00 by this time next week. Do not go by prediction, I am usually wrong. 95% of the time dead wrong. Report this Post to the Staff
terry8835 Pillar of the Community United States 1450 Posts	Posted 08/20/2017 8:19 pm I see stacking silver or gold as strictly the ultimate insurance for financial disaster. I mean like "Great Depression" disaster, or post WW1 German hyperinflation. Report this Post to the Staff
TNG Bedrock of the Community United States 10284 Posts	Posted 08/29/2017 10:31 am Platinum did hit 1000 and go over and is 1000 today at current 24 hr level presently. I am amazed that I was right but just a few days late on when it would go over. I am usually wrong about these things. Report this Post to the Staff
ssenator New Member United States 26 Posts	Posted 11/30/2017 6:06 pm What exactly is white gold? My wedding ring is white gold so I know what it looks like, but how do they lose the yellow color to the gold? Report this Post to the Staff
spru Bedrock of the Community United States 12477 Posts	Posted 11/30/2017 7:05 pm Quote: What exactly is white gold? White gold is an alloy of gold and at least one white metal, usually nickel, manganese or palladium. In Memory of Crazyb0 12-26-1951 to 7-27-2020 In Memory of Tootallious 3-31-1964 to 4-15-2020 In Memory of T-BOP 10-12-1949 to 1-19-2024 Report this Post to the Staff
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